Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Hits New 1-Year High – Should You Buy?

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $118.63 and last traded at $118.57, with a volume of 159487 shares trading hands. The stock had previously closed at $117.61.

Vanguard FTSE Pacific ETF Price Performance

The stock’s 50 day moving average is $109.74 and its two-hundred day moving average is $101.62. The firm has a market capitalization of $9.09 billion, a P/E ratio of 14.65 and a beta of 0.80.

Institutional Investors Weigh In On Vanguard FTSE Pacific ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dorato Capital Management bought a new position in Vanguard FTSE Pacific ETF during the fourth quarter worth about $29,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in Vanguard FTSE Pacific ETF during the fourth quarter valued at approximately $32,000. Aptus Capital Advisors LLC increased its stake in Vanguard FTSE Pacific ETF by 121.7% in the fourth quarter. Aptus Capital Advisors LLC now owns 408 shares of the company’s stock valued at $37,000 after purchasing an additional 224 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in Vanguard FTSE Pacific ETF by 37.6% in the third quarter. Smartleaf Asset Management LLC now owns 443 shares of the company’s stock worth $39,000 after purchasing an additional 121 shares during the period. Finally, IFC & Insurance Marketing Inc. bought a new position in shares of Vanguard FTSE Pacific ETF during the fourth quarter worth $40,000.

Vanguard FTSE Pacific ETF Company Profile

Vanguard FTSE Pacific ETF, formerly Vanguard MSCI Pacific ETF, is an exchange-traded share class of Vanguard Pacific Stock Index Fund. The Fund seeks to track the investment performance of the MSCI Pacific Index that consists of common stocks of companies located in Japan, Australia, Hong Kong, New Zealand and Singapore. The Fund employs a passive management or indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the MSCI Pacific Index (the Index).